2025-05-12T10:25:04-05:00 2024-06-30 930623286 ALDRICH CPAS AND ADVISORS LLP 1903 WRIGHT PLACE 180 CARLSBAD CA 92008 990 2023-07-01 954044252 CALIFORNIA STATE UNIVERSITY LOS ANGELES FOUNDATION CALI 3233433550 5151 STATE UNIVERSITY DR SSB 5380 LOS ANGELES CA 90032 JEFF POLTORAK EXECUTIVE DIRECTOR 3233433550 2025-05-08 1 1 DEBRA D SMITH CPA P00646873 7604318440 2025-05-08 2023 2025-03-06 01:10:19Z JEFF POLTORAK 5151 STATE UNIVERSITY DR SSB 5380 LOS ANGELES CA 90032 55033935 0 X WWW.CALSTATELA.EDU X 1984 CA TO PROMOTE THE SCIENTIFIC, LITERARY, EDUCATIONAL, AND CHARITABLE PURPOSES OF CSULA. 23 13 0 13 0 0 1744434 2290231 0 0 1593865 10457244 0 0 3338299 12747475 2281666 2407548 0 0 0 0 0 0 552998 799473 1338506 3081139 3746054 257160 9001421 74794156 79530108 183941 298278 74610215 79231830 TO ENCOURAGE AND PROMOTE THE SCIENTIFIC, LITERARY, EDUCATIONAL, AND CHARITABLE PURPOSES OF CALIFORNIA STATE UNIVERSITY, LOS ANGELES (THE "UNIVERSITY") BY PROVIDING FINANCIAL ASSISTANCE THROUGH SCHOLARSHIPS, GRANTS, GIFTS, LOANS, AND OTHER MEANS TO THE UNIVERSITY. 0 0 1659937 1659937 TO ENCOURAGE AND PROMOTE THE SCIENTIFIC, LITERARY, EDUCATIONAL, AND CHARITABLE PURPOSES OF CALIFORNIA STATE UNIVERSITY, LOS ANGELES (THE"UNIVERSITY") BY PROVIDING FINANCIAL ASSISTANCE THROUGH SCHOLARSHIPS, GRANTS, GIFTS, LOANS, AND OTHER MEANS TO THE UNIVERSITY. 625735 625735 GRANTS TO CALIFORNIA STATE UNIVERSITY, LOS ANGELES TO PROMOTE SCIENTIFIC, LITERARY AND EDUCATIONAL PROGRAMS. 121876 121876 SCHOLARSHIPS TO CALIFORNIA STATE UNIVERSITY, LOS ANGELES AUXILIARY SERVICES, INC. AS AGENT FOR DISTRIBUTION. 2407548 1 1 0 0 0 0 0 0 0 1 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 23 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X JUDITH BENJAMIN 3233433571 5151 STATE UNIVERSITY DRIVE SSB LOS ANGELES CA 90032 OMEL A NIEVES PRESIDENT 1.00 X X 0 0 0 CARLOS BELTRAN TREASURER (AS OF 5/23) 5.00 40.00 X X 0 169164 77196 LEROY MORISHITA EX-OFFICIO TRUSTEE 5.00 40.00 X X 0 229311 0 WILLIAM LEWIS VICE PRESIDENT (AS OF 1/23) 1.00 X X 0 0 0 ROBERT AVALOS EXECUTIVE DIRECTOR 5.00 40.00 X X 0 230168 88804 BERNECEA JOHNSON EANES EX-OFFICIO OFFICER (AS OF 01/24) 5.00 40.00 X X 0 0 0 BERTHA HARO SECRETARY (AS OF 1/23) 1.00 X X 0 0 0 DWIGHT NAKATA TRUSTEE 1.00 X 0 0 0 SALLY ZESUT TRUSTEE (AS OF 01/23) 1.00 X 0 0 0 YAHIR FLORES EX-OFFICIO TRUSTEE (STUDENT) FOR AY 23-24 1.00 X 0 0 0 KRISTINE BEZDECNY EX-OFFICIO TRUSTEE 1.00 40.00 X 0 96086 40383 ANDRE AVRAMCHUK EX-OFFICIO TRUSTEE, ACAD SENATE CHAIR (FY 23-24) 1.00 40.00 X 0 163816 64927 ANDREW KLEIN TRUSTEE 1.00 X 0 0 0 LARRY ADAMSON TRUSTEE (AS OF 01/24) 1.00 X 0 0 0 WILLIAM A COVINO EX- OFFICIO TRUSTEE 1.00 40.00 X 0 199801 3251 NELSON ALGAZE TRUSTEE 1.00 X 0 0 0 QUEEN E KING EX-OFFICIO TRUSTEE 5.00 40.00 X 0 207153 53025 NILZA SERRANO TRUSTEE (AS OF 01/24) 1.00 X 0 0 0 CHRISTOPHER GARLINGTON TRUSTEE 1.00 X 0 0 0 WILLIE ZUNIGA TRUSTEE (AS OF 04/23) 1.00 X 0 0 0 DEVIKA HAZRA FACULTY TRUSTEE 1.00 40.00 X 0 153201 47526 MINA PACHECO NAZEMI TRUSTEE 1.00 X 0 0 0 ROSARIO MARIN TRUSTEE (AS OF 01/24) 1.00 X 0 0 0 MONGWEI WEE TRUSTEE (AS OF 07/23) 1.00 X 0 0 0 ALEV LEWIS TRUSTEE (AS OF 01/24) 1.00 X 0 0 0 JEFF POLTORAK DEFACTO OFFICER START 01/2025 0.00 0.00 X 0 0 0 0 1448700 375112 0 0 1 0 0 2290231 34305 2290231 52743704 42286460 10457244 10457244 10457244 12747475 0 0 10457244 2407548 2407548 126164 126164 132255 132255 289962 289962 145081 145081 28513 28513 1497 1497 2264 2264 9189 9189 BAD DEBT EXPENSE 319315 0 0 319315 SUPPLIES AND SERVICES 257014 0 23331 233683 MISCELLANEOUS 27252 0 27252 0 3746054 2407548 785508 552998 571555 621516 6166512 7706414 4658205 4877831 1018317 860174 0 22635 54271338 22432523 8108229 43009015 74794156 79530108 156959 157293 26982 140985 183941 298278 X 4408536 2660481 70201679 76571349 74610215 79231830 74794156 79530108 9001421 -4379806 0 X 0 1 X 1 0 X 5578506 5173525 3198035 1744434 2290231 17984731 5578506 5173525 3198035 1744434 2290231 17984731 3136396 14848335 1461450 1191969 1100631 1639926 0 5393976 23378707 0.63510 0.62240 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 58107987 1532787 5186618 2253260 51485 62522647 55013887 1726464 4377698 2942405 67657 58107987 63636268 1548739 -7374138 2372812 424170 55013887 49109390 3571991 13476911 2327328 194696 63636268 45489869 3521430 1249395 1004774 146528 49109392 0.02000 0.65000 0.33000 0 0 0 ALTERNATIVE INVESTMENTS 43009015 F 43009015 DUE TO RELATED PARTIES 140985 140985 X 8087562 -4379806 9855 -4369951 12457513 289962 289962 12747475 3465947 9855 9855 3456092 289962 289962 3746054 PART V, LINE 4: THE FOUNDATION HAS A POLICY OF APPROPRIATING FOR DISTRIBUTION FOR SCHOLARSHIPS EACH YEAR APPROXIMATELY 3% TO 5% OF ITS ENDOWED INVESTMENTS' FAIR VALUE AS OF DECEMBER 31. THE FOUNDATION HAS A POLICY OF APPROPRIATING 5% OF ALL CONTRIBUTIONS RECEIVED FOR THE ENDOWMENT FUND ANNUALLY TO COVER GENERAL OPERATING EXPENSES OF THE FOUNDATION OF WHICH DONORS ARE NOTIFIED OF UPON GIFT ACCEPTANCE. ADDITIONALLY, THE FOUNDATION HAS A POLICY OF APPROPRIATING UP TO 1.5% OF ITS ENDOWMENT FUND'S FAIR VALUE AS OF JUNE 30 OF THE PRIOR YEAR, FOR GENERAL OPERATING EXPENSES OF THE FOUNDATION AS ESTABLISHED IN THE ANNUAL BUDGET FOR THE FOUNDATION IN JULY OF THE SUBSEQUENT YEAR. PART X, LINE 2: THE FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701(D) OF THE REVENUE TAXATION CODE OF CALIFORNIA. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION FOLLOWS U.S GAAP RELATED TO THE RECOGNITION OF UNCERTAIN TAX POSITIONS. THE FOUNDATION RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS AS PART OF THE STATEMENTS OF ACTIVITIES, WHEN APPLICABLE. MANAGEMENT HAS DETERMINED THAT THE FOUNDATION HAS NO UNCERTAIN TAX POSITIONS AT JUNE 30,2024 AND 2023 AND THEREFORE, NO AMOUNTS HAVE BEEN ACCRUED. 1 CALIFORNIA STATE UNIVERSITY LOS ANGELES AUXILIARY SERVICES INC 5151 STATE UNIVERSITY DRIVE LOS ANGELES CA 90032 954016653 501 C3 121876 0 SCHOLARSHIPS CALIFORNIA STATE UNIVERSITY LOS ANGELES 5151 STATE UNIVERSITY DRIVE LOS ANGELES CA 90032 954386558 115 625735 0 GRANTS TO PROMOTE SCIENTIFIC, LITERARY AND EDUCATIONAL PROGRAMS. CALIFORNIA STATE UNIVERSITY LOS ANGELES 5151 STATE UNIVERSITY DRIVE LOS ANGELES CA 90032 954386558 115 1659937 0 SCHOLARSHIPS 2 0 PART I, LINE 2: THE FOUNDATION MONITORS THE USE OF GRANT FUNDS BASED ON THE CRITERIA SHEET ESTABLISHED BY EACH DONOR. EACH DONOR SETS DIFFERENT CRITERIA AND THE FOUNDATION REVIEWS THE EXPENSES AGAINST THE CRITERIA SHEET TO DETERMINE IF THE EXPENSES ARE ALLOWABLE. 0 0 0 0 0 0 0 0 0 ROBERT AVALOS EXECUTIVE DIRECTOR 0 230168 0 0 0 0 0 67481 0 21323 0 318972 0 0 QUEEN E KING EX-OFFICIO TRUSTEE 0 207153 0 0 0 0 0 38373 0 14652 0 260178 0 0 CARLOS BELTRAN TREASURER (AS OF 5/23) 0 169164 0 0 0 0 0 48356 0 28840 0 246360 0 0 LEROY MORISHITA EX-OFFICIO TRUSTEE 0 229311 0 0 0 0 0 0 0 0 0 229311 0 0 ANDRE AVRAMCHUK EX-OFFICIO TRUSTEE, ACAD SENATE CHAI 0 163816 0 0 0 0 0 43344 0 21583 0 228743 0 0 WILLIAM A COVINO EX- OFFICIO TRUSTEE 0 199801 0 0 0 0 0 0 0 3251 0 203052 0 0 DEVIKA HAZRA FACULTY TRUSTEE 0 152751 0 450 0 0 0 36910 0 10616 0 200727 0 0 PART I, LINE 3: THE RELATED ORGANIZATION ESTABLISHES COMPENSATION PAID TO THE EXECUTIVE DIRECTOR, OFFICERS, AND TRUSTEES USING A COMPARABILITY DATA ANALYSIS. X 3 34305 STOCK EXCHANGE VALUE 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PRESENTED FOR REVIEW TO THE AUDIT COMMITTEE. THE AUDIT COMMITTEE REVIEWS AND APPROVES THEN FORWARDS FOR FULL BOARD REVIEW AND APPROVAL BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS SIGN AN AFFIDAVIT ANNUALLY TO SHOW THERE ARE NO CONFLICTS OF INTEREST FOR THE BOARD MEMBER. IF A BOARD MEMBER FINDS THAT HE OR SHE IS FACED WITH A POSSIBLE CONFLICT, THE BOARD MEMBER HAS THE DUTY TO INFORM, IN WRITING, THE PRESIDENT OF THE BOARD WHO THEN INFORMS THE EXECUTIVE COMMITTEE. IF A CONFLICT IS FOUND TO EXIST, THE COMMITTEE WILL PRESENT THE INFORMATION TO THE BOARD MEMBER, WITH A RECOMMENDATION THAT THE BOARD MEMBER RECUSE HIMSELF OR HERSELF FROM ANY FURTHER DISCUSSIONS, DELIBERATIONS, VOTING OR PRESENCE ON THE MATTER TO ALLEVIATE OR AVOID THE CONFLICT OR POTENTIAL CONFLICT, OR TAKE APPROPRIATE ACTION AS REQUIRED. FORM 990, PART VI, SECTION B, LINE 15 THE RELATED ORGANIZATION ESTABLISHES COMPENSATION PAID TO THE EXECUTIVE DIRECTOR, OFFICERS, AND TRUSTEES USING A COMPARABILITY DATA ANALYSIS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE ON THE FOUNDATION'S WEBSITE ALONG WITH THE CONFLICT OF INTEREST STATEMENT. THE FINANCIAL STATEMENTS ARE MADE AVAILABLE ON THE OFFICE OF THE CHANCELLOR'S WEBSITE AND THE FOUNDATION'S WEBSITE. CALIFORNIA STATE UNIVERSITY LOS ANGELES 5154 STATE UNIVERSITY DR U-SU 203 LOS ANGELES CA 90032 954386558 PUBLIC UNIVERSITY CA N/A 0 ASSOCIATED STUDENTS OF CALIFORNIA STATE UNIVERSITY LOS ANGELES INC 5154 STATE UNIVERSITY DR RM 203 LOS ANGELES CA 90032 952044300 UNIVERSITY AUXILIARY CA 501(C)(3) LINE 10 CALIFORNIA STATE UNIVERSITY - LOS ANGELES 0 UNIVERSITY-STUDENT UNION AT CALIFORNIA STATE UNIVERSITY LOS ANGELES 5151 STATE UNIVERSITY DR SSB 5380 LOS ANGELES CA 90032 953122264 EDUCATIONAL PROGRAMMING CA 501(C)(3) LINE 10 CALIFORNIA STATE UNIVERSITY - LOS ANGELES 0 CALIFORNIA STATE UNIVERSITY LOS ANGELES AUXILIARY SERVICES INC 5151 STATE UNIVERSITY DR GE 314 LOS ANGELES CA 90032 954016653 SUPPORTING ORG FOR CALIFORNIA STATE UNIVERSITY, LOS ANGELES CA 501(C)(3) LINE 12C, III-FI CALIFORNIA STATE UNIVERSITY - LOS ANGELES 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 CALIFORNIA STATE UNIVERSITY LOS ANGELES M 290283 CALIFORNIA STATE UNIVERSITY LOS ANGELES P 126164 CALIFORNIA STATE UNIVERSITY LOS ANGELES B 2285672